🔥 $XRP at Critical Juncture – Will Bulls or Bears Win?
📌 Current Situation:
XRP bouncing from $3.00 support after 10% drop
Stuck below key resistance at $3.15-$3.16
100-hour SMA acting as dynamic resistance
⚡ Make-or-Break Levels:
✅ Bullish Scenario:
Break above $3.16 → Targets $3.20 → $3.30
Clear $3.35 for full bullish confirmation
⚠️ Bearish Risk:
Rejection at $3.15 → Risk of drop to $3.00
Break below $3.00 → Next supports at $2.92, $2.85
📊 Technicals Tell the Story:
MACD: Bearish but slowing momentum
RSI: Neutral at 50 (no clear edge)
💎 Pro Trader Tip:
Watch for volume surge on breakout/breakdown – low-volume moves often fail!
🚀 Bottom Line:
XRP needs to conquer $3.16 to start recovery. Until then, range-bound between $3.00-$3.16.
